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Meter Data Management: The Next Big Opportunity in Smart Grids

GlobalData, Sep 2010, Pages: 7


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Meter Data Management: The Next Big Opportunity in Smart Grids

Summary

The deployment of smart meters and Advance Metering Infrastructure (AMI) has been accelerating over the last few years. Smart meters are delivering exponentially greater volumes of data to utilities with the rollout of AMI. This data can be used by utility companies to support a whole range of offerings to customers. At the same time, this wealth of data can be analyzed for operational and business intelligence. The accelerated deployment of smart meters is expected to drive demand for Meter Data Management (MDM) systems. MDM is a vital technology for energy companies implementing AMI, as it uses data from smart meters for billing and analysis, integrates existing applications, and streamlines the processes for the utility businesses. MDM will benefit processes like billing, customer service, outage management and the analysis of utility operations.

Scope

- Market prospect of IT application vendors in the Meter Data Management Space
- Key drivers for market growth for smart grid Meter Data Management Systems
- Stake holders in utility IT industry for smart grid
- Evaluation of Meter Data Management System Vendors for utilities

Reasons to buy

- Identify key growth and investment opportunities for IT application companies in the smart grid sector
- Gain insights on the growth potential offered by smart grid Meter Data Management Systems
- Developing strategies for deployment of MDM Systems for Utilities
- Facilitate decision-making for utilities on IT services procumrement for Meter Data Management Systems



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